Nippon Paper Industries Co., Ltd. · TSE:3863
Nippon Paper Industries — Q3 FY2010 Earnings Presentation
13 slides from Nippon Paper Industries's earnings presentation, Feb 2, 2011
Slide 1: 3rd Quarter FY2010 Financial Review
3rd Quarter FY2010 Financial Review February 2, 2011 Nippon Paper Group, Inc.
Slide 2: Index
< Index > (1) Business environment 3-5pp (2) Financial results 6-11pp (3) Earnings forecast 12p 2
Slide 3: Business environment – Domestic shipment
(1) Business environment – Domestic shipment Domestic shipment of paper and paperboard Paper industry 3Q/FY2010 (Oct. Dec.2010) change (1,000 tons) yoy Newsprint 842 -1.5% Printing & Business communication paper 2,184 0.0% Coated 1,257 +1.2% Uncoated & Specialty printing 565 -3.5% Business communica
Slide 4: Business environment – Domestic market price trends
(1) Business environment – Domestic market price trends Trend in paper and paperboard prices Paper industry (Apr. 2008 Dec. 2010) (Apr.’08 = 1) Source: Bank of Japan”Corporate Goods Price Index” 4
Slide 5: Business environment – Major input price trends
(1) Business environment – Major input price trends Trend in raw material and fuel prices (Apr. 2008 ) \ Wastepaper Woodchip/Pulp Crude oil (Dubai) Coal Source: Paper Recycling Promotion Center, Pulp&Paper Week, Crude oil= Platts, Coal=Global Coal Index 5
Slide 6: Outline: Consolidated operating results
(2) Financial results - Outline Consolidated operating results 3Q 3Q (¥ billion) FY09 FY10 Change <Net sales> 290.5 283.0 -7.5 <Operating income> 12.3 9.5 -2.8 <Ordinary income> 10.8 9.0 -1.8 <Net income> 18.9 5.3 -13.6 6
Slide 7: Financial results - Sales volume by product
(2) Financial results - Sales volume by product 3Q 3Q change (Thousand tons) FY09 FY10 yoy Newsprint 310 308 -0.8% Printing & Business communication paper 689 699 1.6% Coated paper 367 388 5.7% Uncoated paper & Specialty printing paper 161 153 -5.1% Business communication paper 160 158 -1.2% Packagi
Slide 8: Financial results - Segment information
(2) Financial results - Segment information Sales Operating income ¥billion 3Q 3Q 3Q 3Q Change Change FY09 FY10 FY09 FY10 Pulp and Paper 233.7 225.0 -8.7 9.4 5.4 -4.0 Paper-related (packaging, chemical products) 22.5 22.5 -0.0 1.4 2.0 0.6 Wood Products and Construction-related 13.8 14.8 1.0 0.5 0.8
Slide 9: Variance analysis for operating income 3Q/FY09 vs. 3Q/FY10
(2) Financial results – Variance analysis for operating income 3Q/FY09 vs. 3Q/FY10 Decrease in operating income ¥2.8 bn (¥9.5bn ¥12.3bn Decrease in ordinary income ¥1.8 bn (¥9.0bn ¥10.8bn ¥ billion 12.3 +2.8 Sales Sales (volume (volume && prices) prices) 9.5 -5.4 Decrease in -5.4 operating income Co
Slide 10: Financial results - Balance sheet
(2) Financial results - Balance sheet Sep. 30, Dec. 31, ¥ billion Change 2010 2010 Cash and time deposits 15.3 23.5 8.1 Notes and accounts receivable 217.8 247.7 29.9 Inventories 152.8 151.3 -1.5 Other current assets 48.3 60.9 12.6 Property, plant, equipment, 845.3 836.0 -9.3 and intangible fixed as
Slide 11: Financial results - Cash flow statement
(2) Financial results - Cash flow statement ¥ billion 3Q 3Q Items Change FY09 FY10 Operating activities 0.4 5.7 5.3 Income before income taxes 19.6 9.6 -10.0 Depreciation 20.8 19.8 -1.0 Change in net working capital -13.4 -11.3 2.1 Others -26.6 -12.4 14.2 Investing activities 1.1 -6.7 -7.9 Purchases
Slide 12: Earnings forecast
(3) Earnings forecast Unchanged from the estimates released November 2, 2010. (¥ billion) FY2009 FY2010 Change <Net sales> 1,095.2 1,120.0 24.8 <Operating income> 43.1 35.0 -8.1 <Ordinary income> 37.5 30.0 -7.5 <Net income> 30.1 15.0 -15.1 12
Slide 13: Disclaimer Regarding Forward-Looking Statements
Disclaimer Regarding Forward-Looking Statements Any statements in this presentation document, other than those of historical fact, are forward-looking statements about the future performance of Nippon Paper Group,Inc. and its group companies. These statements are based on management’s assumptions an